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HS2 owners urged to seek expert advice

Wednesday, 11 January 2012 4:08 PM

Experts are urging owners of homes affected by the HS2 high speed rail link to seek professional advice sooner rather than later.

The Royal Institution of Chartered Surveyors (RICS) said the government must act to minimise disruption to communities along the first phase of the link between London and Birmingham and have adequate compensation procedures in place. It said it was willing to work with the government on dispute resolution and compulsory purchase issues.

Yesterday's announcement by transport secretary Justine Greening included several extra sections of the line in tunnels or cuttings and an extra package of help for people affected.

Estate agent Savills has a team advising property owners on their options and whether they may be eligible for help under the government's exceptional hardship scheme, which it thinks will continue until the government brings in new measures that could give more compensation and greater flexibility.

Nigel Shields, of Savills HS2 team, said: "To ensure the best possible outcome, including negotiation of compensation and accommodation works, it is essential to have a team of professional advisors on-hand from the beginning otherwise the most desirable outcome may not be achieved."

Estate agent Knight Frank estimates that around 400 homes will have to be demolished to make way for the line and that 250 farms will have to be split.

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